Word: aircrafter
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Dates: during 1930-1939
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Hardworking, conscientious President Coburn had his critics in the directorate. Some said he erred in his manufacturing policy. When, last year, youthful Sherman Mills Fairchild retrieved his Kreider-Reisner Aircraft Co. Inc. and aerial camera companies from Avco, the corporation retained the Fairchild airplane factory at Farmingdale, L. I. and proceeded to build a new single-engine mail-&-passenger plane called the Pilgrim. This manufacturing operation, said Mr. Coburn's critics, was extravagant. The plane, they said, is already obsolete. Others found fault with the president's insistence on burdening himself with detailed responsibility (by which he threatened...
...office last week Col. Young thumbed through two new volumes which reported the 1932 state of the Air Empire represented on the map and of the industry that lives in it. The volumes were The Aircraft Year Book for 1932 compiled by the Aeronautical Chamber of Commerce* and the annual statistical number of Aviation, edited by Edward Pearson Warner, onetime Assistant Secretary of the Navy for Aeronautics. The information in the volumes was not all new to Col. Young, because his department had supplied much of it. But together they set forth aeronautical facts & figures which gave Col. Young...
Hard times reduced the number of companies manufacturing planes from 215 to 110, of which only about 40 were in active production last year. The value of all aircraft, engines and parts sold, fell from $53,466,000 to $49,097,000. Significantly military sales accounted for two-thirds of the 1931 business...
...Frederick Trubee Davison and Navy's David Sinton Ingalls, Clarence Young was graduated from Yale (1910). He practiced insurance law in Iowa, his home state, until the U. S. entered the War, when he became pilot of an Italian bomber. Shot down over the^ Austrian lines by an anti-aircraft shell which flopped his big plane upside down. Pilot Young was a prisoner of war until he escaped to Italy in a box car. Back again in Iowa he organized the first company to sell Wartime "Jenny" planes, disposed of 50 at $5,000 each. Also he ran a flying...
...fleet to its maximum strength. It appropriated no money; it detailed no building program; it set no time limits. If enacted, however, it would permit an expenditure of close to $1,000,000,000 to complete all vessels now building, modernize all capital ships, equip all carriers with aircraft, replace all overage craft and add enough new tonnage to make the U. S. fleet second to none. Its prime purpose was to establish in U. S. law a naval building policy which President Hoover, for reasons of economy, has been reluctant to pursue. Senator Hale made much of the argument...